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Item C40 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY MEETING DATE: 10/16/02 DIVISION: COUNTY ADMINISTRATOR BULK IT~M: YES DEPARTMENT: AIRPORTS AGENDA ITEM WORDING: Approval of updated Rates and Charges for the Key West International Airport, to become effective October 1, 2002. ITEM BACKGROUND: Per Federal Aviation Administration guidelines, Rates and Charges will be updated to assure that Airports maintain a rate structure that makes them as self-sustaining as possible. A meeting was held with the Airlines to review and discuss the Rates & Charges Study, as updated by Newton & Associates. Several adjustments were made to the draft study, per requests from the Airlines. The completed Rates & Charges Study was forwarded to the Airlines for review and comment. PREVIOUS RELEVANT BOCC ACTION. Approval of Rates & Charges for the Key West International Airport, 9/20/00, commencing October 1,2000. . CONTRACT/AGREEMENT CHANGES: New Rates & Charges STAFF RECOMMENDATION: Approval TOTAL COST: N/A BUDGETED: N/A COST TO AIRPORT: N/A COST TO PFC: N/A COST TO COUNTY: N/A REVENUE PRODUCING: N/A AMOUNT PER MONTH/YEAR: N/A APPROVED BY: County Attorney N/A OMB/Purchasing N/A Risk Management N/A KEY WEST AIRPORT DIRECTOR APPROVAL car+ Peter J. Horton DOCUMENTATION: Included X To Follow Not Required AGENDA ITEM # ~~ c DISPOSITION: /bev KEY WEST INTERNATIONAL AIRPORT Schedule of Airline Rates & Charges Effective October 1, 2002 TERMINAL ,RENTS Airlines Publicly Exposed Space - - Minimum Monthly Charge Non-Public Office Space Second Floor Office Covered Areas & Storage Cape Air Building Publicly Exposed Space Non-Public Office Space Covered Areas & Storage Concessions (All Space) Car Rental Gift Shop Restaurant UTILITIES - Electric, Water, Sewer, Trash Removal LANDING FEE Rate per Thousand Pounds of Gross Landing Weight 107.14 CHARGES Per Enplaned Passenger Cost: $212,096 Enpl. Pax: 285,372 FAA MANDATED SECURITY CHARGES Per Enplaned Passenger Cost: undetermined Enpl.Pax: 285,372 RON CHARGES For each aircraft in excess of3 parked overnight at the Passenger Tenninal or Cape Air Building Ramp For aircraft with more than 13 seats For aircraft with 13 or less seats FUEL FLOW FEES (per Gallon Delivered) LAND RENTAL RATES Aviation Use Property Hangar Rental Rate Non-Aviation Use Property FIS Building Space Per Square Foot Rental Rate per Annum $37.57 $30.06 $26.30 $18.79- $25.21 $20.17 nla $37.57 $37.57 $37.57 Exhibit "A" $1,164.77 (Included in the rental rate) $ 1.69 $0.74 nla $25.00 $12.50 $0.06 $0.71 $1. 70 By Appraisal $29.66 KEY WEST INTERNATIONAL AIRPORT YEAR 2002 RATES & CHARGES CALCULATION Terminal Airfield SUMMARY: Area Area Airtine Terminal Rentals: Airline Tenninal Revenue Requirement $381,551 Airline Tenninal Space 12,863 Required Average Rental Rate per Square Ft. $29.66 Current Average Rental Rate per Square Ft. $26.00 % Increase (Decrease) over Current Levels 14% Airline Landing Fees: Airline Landing Fee Revenue Required $504,016 Estimated Airline Landing Weight (1,000 Ib units) 299,087 Airline Landing Fee Rate $1.6852 Current Airline Landing Fee Rate $1.1100 % Increase (Decrease) over Current Levels 52% Estimated Airline Revenue Landing Fees and Terminal Rents assuming New Rates $885,567 Landing Fees and Terminal Rents assuming Existing Rates $698,728 % Increase 27% Cost Per Airline Enplaned Passenger (Terminal Rent and Landing Fees) $3.24 Cost Per Airline Enplaned Passenger (Terminal Rent, Landing Fees and LEO Costs) $4.02 Newton & A---.,Inc. Elrec:tiv. .. of October 1, 2002 Page 1 KEY WEST INTERNATIONAL AIRPORT YEAR 2002 RATES & CHARGES CALCULATION - . SCHEDULE A: Monroe County. Analysis Estimate vs. Budget M&O Expense >:(:;NoO'::;:t::::::/:::~:CiiHt::; FY 01 HmFt~::ilm}t~:a::fm Personal Services 510120 Administrative CuatodJal Maintenance Security ARFF Other 510140 Overtime & Other Total Personal Services Contractual Services 530310 Professional Services 530316 Medical Services 530318 Legal Services 530340 Other Contractual Services 530410 Phone & Postage/Freight 530430 Utility Services 530440 Rentals & Leases 530450 Insurance 530451 Risk Management Charges 530498 Advertising Total Contractual Services Supplies & Materials 530510 Office Supplies 530520 Operating Supplies 530521 Gasoline 530523 Diesel Fuel 530528 Internal Fuel 530540 Books, Pubs, Subs, Educ, Mem Total Supplies & Materials General 590910 County Overhead Allocation 530400 Travel & Per Diem 530409 Vehicle Maintenance Charges 530460 Repairs and Maintenance 530470 Printing and Binding 530490 Miscellaneous Expenses Total General TOTAl M&O EXPENSE FAA 107:14 Cost ADJ, TOTAL M&O EXPENSE '''';~;409;;';';..~;ii&P~: .... ... . ".. ...................................'... .}:i~:~!~~~~QQP::.~ ;-:~L.$3~~(titt <:.<1,200 .. ... .....:eioc):i '~$'ftlfl 1~::;1.~:~;. 38,200 . ..;'38i2Ocf . .28,979. .'~a,;9i~ 1,000. .;. . r,0c:jQ: $831,259 . ..$134.~9!t $3;630;;<$3;~: 4O.~.;..;...;..':......~~i!i 1 ;8Q6?:f;iAAf 7,800:;:6:500: ~:~;g;:~:;:~:;:~:~:g~gngr . ~ ~ ~~ ~~ ~ ~ ~ ~! ~~~ ~ i ~ ~ ~ ~: ::,_0'/_1 5,31~ J!:lj:I:lifjlf:tw'+i1:i.'.:.!...i!ffi~: 594 517....;.~76S':.dd737795. I ~.;,~,~ ~.~::::.:. ._:._~,:: '_"'{;;:. . ::: :": :' ~:;..:..; 16,214 ;n!i!!~:Ht~.:..'.::::1J!~; 245,714 :;:;:::f9.lJ,:7~..::.J99;185: lffiitJ!:i:i/~i .....". ...... ...'......................... .-, '. ..~... .,,'..,. . '. . . '$54.036:: '$$2;138.,: . $106;585' '$106;~~$: 9.5009i~ 5,264.$,~ 55.000 'SS;gpg 2.000 .,.: )f...:..~.. ;. '......:.:...:;. 500 ;.'::: .o,NU ". ::;::;:;::::::'::;:::;::;::;:;::":::7.: . ,'..: $178;849;;:;.$1:78;849: . . -. ,.".. 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J KEY WEST INTERNATIONAL AIRPORT YEAR 2002 RATES & CHARGES CALCULATION - Allocation GenenJ other Terminal Airfield Aviation Leased Personal Services , Administrative $192,702 $192,702 $159,873 $79,937 $39,968 $15,987 $23,981 Cuetodial 60,741 60,741 66,043 49.532 0 0 16.511 Maintenance 115,579 115.579 126,711 50,684 25.342 12,671 38.013 Security 35.345 35,345 38,124 28.593 1,906 1.906 5,719 ARFF 448,849 448.849 482,335 48.234 289.401~ 72.350 72,350 Other 72.781 72,781 123,668 16.721 64,988 25.239 16,721 Overtime & Other 24.262 24,262 25,475 6,995 10.n5 3,275 4,429 Total Personal Services $950.259 $950,259 $1,022.229 $280,696 $432,381 $131,429 $1n,724 Contractual Services ProteesionaI Services $7,500 $9,n4 $5.000 $3,000 $5DO $750 $750 Medical Services 0 0 2.250 1,350 225 338 338 Legal Services 3.550 5,316 0 0 0 0 0 Other Contractual Services 564,763 594,517 737,795 429,518 43,923 20,200 244,154 Phone & Postage/Freight 11,400 16,214 11,400 6.840 1,140 1,710 1,710 Utility Services 199,785 245,714 199,785 119,634 16.464 4,373 59,314 Rentals & Leases 9,496 7,373 5,300 3,180 530 795 795 Insurance 38,200 1,564 38,200 22,920 3,820 0 11,460 Risk Management Charges 30,607 45.911 30,607 21,425 0 0 9,162 Advertising 1,000 127 1,000 600 100 150 150 Total Contractual Services $866,301 $926.508 $1,031,337 $608,466 $66,702 $28,316 $327,853 Supplies & Materials Office Supplies $7,130 $9,910 $6,500 $3,900 $650 $975 $975 Operating Supplies 94,100 112,606 41,360 24,816 4,136 6,204 6,204 Gasoline 300 0 300 180 30 45 45 Diesel Fuel 500 61 500 300 50 75 75 IntamaJ Fuel 1,606 2.223 1,805 1,083 181 271 271 Books, Pubs. Subs, Educ. Mem 13.394 8,393 9.043 5,426 904 1,356 1,356 Total Supplies & Materials $117,230 $133.194 $59.508 $35,705 $5,951 $8,926 $8,926 General County Overhead Allocation $146,000 $146,000 $146,000 $36,500 $36,500 $36,500 $36,500 Travel & Per Diem 13,500 9,038 8,000 2,000 2.000 2,000 2,000 Vehicle Maintenance Charges 4,713 3.534 6,558 1,640 1,640 1,640 1,640 R8pIIirs and Maintenance 97,950 146,820 56,870 14,218 14,218 14.218 14.218 Printing and Binding 2,000 1.830 2,000 500 500 500 500 Miscellaneous Expenses 500 321 500 125 125 125 125 Total General $264,663 $307,543 $219.928 $54,982 $54,982 $54.982 $54.982 TOTAL M&O EXPENSE $2,198,453 $2,317,504 $2.333,002 $979,849 $560,016 $223,652 $569,485 DIrect Billed FAA 107,14 Cost (203,000) (203,000) (212.096) (212,096) nla nla nla ADJ. TOTAL M&O EXPENSE $1.995.453 $2,114.504 $2.120.906 $767,753 $560,016 $223.652 $569,485 _1/. AIoport ....... - ~......... OIl F...... Ea.......ltlltll ...... "ateel rn:SlCl1 _21-AIoport........ -"""..IbM ~.ao'7I1M11 _Jl-AIoport .........c:o.-....... FY 2002" OIl Unall_Appoopriatlon 0atalI cUad 71011D1 ~. ....-'1IlMJnc. ilfactha.. 01 0ct0IIar 1. 2lI02 Plgea KEY WEST AIRPORT RATES & CHARGES CALCULATION SCHEDULE A-1: O&M Expense Allocation Rate Input Worksheet - - - - Cost Center Allocation _ _ _ _ Gener" Other Terminal AIrfield Aviation Leased Total Personaf Services Administrative 50% 25% 1~ 15% 100% Custodial 75% ~ 0% 25% 100% Maintenance 40% 20% 10% 30% 100% Security 75% 5% 5% 15% 100% ARFF 10% 60% 15% 15% 100% Other 14% 53% 20% 14% 100% Overtime 27% 42% 13% 17% 100% Average 42% 29% 10% 19% 100% Contractual Services Professional Services 60% 10% 15% 15% 100% Medical Services 60% 10% 15% 15% 100% Legal Services 60% 10% 15% 15% 100% Other Contractual Services 58% 6% 3% 33% 100% Phone & Postage/Freight 60% 10% 15% 15% 100% Utility Services 60% 8% 2% 30% 100% Rentals & leases 60% 10% 15% 15% 100% Insurance 60% 10% 0% 30% 100% Risk Management Charges 70% 0% 0% 30% 100% Advertising 60% 10% 15% 15% 100% Average 61% 8% 9% 21% 100% Supplies & Materials Office Supplies 60% 10% 15% 15% 100% Operating Supplies 60% 10% 15% 15% 100% Gasoline 60% 10% 15% 15% 100% Diesel Fuel 60% 10% 15% 15% 100% Internal Fuel 60% 10% 15% 15% 100% Books,Pubs,Subs, Educ, Me 60% 10% 15% 15% 100% Average 60% 10% 15% 15% 100% General County Overhead Allocation 25% 25% 25% 25% 100% Travel & Per Diem 25% 25% 25% 25% 100% Vehicle Maintenance Charges 25% 25% 25% 25% 100% Repairs and Maint8nance 25% 25% 25% 25% 100% Printing and Binding 25% 25% 25% 25% 100% Miscellaneous Expenses 25% 25% 25% 25% 100% Average 25% 25% 25% 25% 100% ~aAuaciala.1nc. Ell....... as '" 0cIaIlIr 1, 2lI02 Page" KEY WEST INTERNATIONAL AIRPORT YEAR 2002 RATES & CHARGES CALCULATION FY02 SCHEDULE A-2: Payroll by function - Cost Center Allocation _ New General Other Function PosItion Existing HIre Total TermInal Alrfteld Avlatlon Leased AdmIn. Sr. Manager - EYW $82,556 $0 $82,556 $41.278 $20,639 $8,256 $12,383 Adminiatratcr AIrports 0.8 42,451 0 42,451 21.226 10,613 4.245 6.368 Sr. Office Assistant 34,866 0 34,aee 17,433 8,717 3,487 5,230 Subtotal $159,873 $0 $159,873 $79,937 $39,968 $15,987 $23,981 Custodia! Chief Custodian $37,171 $0 $37,171 $27,878 $0 $0 $9,293 CuatDdian 28,872 0 28,872 21 ,654 0 0 7,218 Subtotal $66,043 $0 $66,043 $49,532 $0 $0 $16,511 Malnt Sr. Technician - Maintenance $43,015 $0 $43,015 $17,206 $8,603 $4,302 $12,905 Sr. Technician - Maintenance 47,081 0 47,081 18,832 9,416 4,708 14,124 Painter 36,615 0 36,615 14,646 7,323 3,662 10,985 Subtotal $126,711 $0 $126,711 $50,684 $25,342 $12,671 $38,013 Security Security Guard $38.124 $0 $38,124 $28,593 $1,906 $1,906 $5,719 ARFF Firefighters - Chief Airport Rescue $58,283 $0 $58,283 $5,828 $34,970 $8,742 $8,742 Shift Captain - Airport Rescue Firefight 50,117 0 50,117 5,012 30,070 7,518 7,518 Shift Captain - AIrport Rescue Firefight 52,203 0 52,203 5,220 31,322 7,830 7,830 Shift Captain - Airport Rescue Firefight 49,316 0 49,316 4,932 29,590 7,397 7,397 Airport Rescue Fire Fighter 46,258 0 46,258 4,626 27,755 6,939 6,939 Airport Rescue Fire Fighter 45,530 0 45,530 4,553 27,318 6,830 6,830 Airport Rescue Fire Fighter 45,530 0 45,530 4,553 27,318 6,830 6,830 Airport Rescue Fire Fighter 44,038 0 44,038 4,404 26,423 6,606 6,606 Airport Rescue Fire Fighter 45,530 0 45,530 4,553 27,318 6,830 6,830 Air Rescue (AARF) 45,530 0 45,530 4,553 27,318 6,830 6,830 Subtotal $482,335 $0 $482,335 $48,234 $289,401 $72,350 $72,350 Noise Noise/Safety Officer $0 $56,785 $56,785 $0 $48,267 $8,518 $0 Other Assistant County Attorney 0.25 $25,4n $0 25,4n $6,369 $6,369 $6,369 $6,369 Total Employee. ExIsting $898.563 $56,785 $955.348 Merit 41406 10,352 10,352 10,352 10,352 Total Personal ServIces $996,754 $273,700 $421,606 $128,153 $173,295 ...... & .... r'.'L.,Jno. ~.. ofOctoW 1, 2Oll2 Page 4 KEY WEST INTERNATIONAL AIRPORT YEAR 2002 RATES & CHARGES CALCULATION SCHEDULE A-3: Payroll Allocation Rate Input Worksheet Function Position - Cost Center Allocation _ GeneraJ Other Terminal A1rn.,d Aviation Leased Total Admin. Sr. Manager - EYW Administrator Airports Sr. Office Assistant Custodial Chief Custodian Custodian Malnt Sr. Technician - Maintenance Sr. Technician - Maintenance Painter Security Security Guard ARFF Firefighters - Chief Airport Rescue Shift Captain - Airport Rescue Firefighter Shift Captain - Airport Rescue Firefighter Shift Captain - Airport Rescue Firefighter Airport Rescue Fire Fighter Airport Rescue Fire Fighter Airport Rescue Fire Fighter Airport Rescue Fire Fighter Airport Rescue Fire Fighter Air Rescue (MRF) Noise/Safety Officer other Assistant County Attorney ........" "~-.mc. :iY:f~%?i"": ;b~:' ff'k~~ :;{:;:Y;,.".>: '.~..:;: x-/~ :-N"~<, } ~ ~ >~.: :w;~~t~N~;> ~<;o:: ^.~ 50% 50% 25% 25% 10% 10% 15% 15% ..~*~t';:~~~ffi7';;f'5.::;:-.. t..(~..,: :. <.... )<;7''' :i;;...:.j" .....:/..~'r. ~ 75% 0% 0% 25% .%~ i~k>'i. " ,~~';'''ft0&;~b'>~::.:,,*;fz~:<,:';:..-; 40% 40% 20% 20% 10% 10% 30% 30% ~~J~t~-~..Ij.t~~ ll~~" ~_Imll" 10% 60% 15% 15% 10% 60% 15% 15% 10% 60% 15% 15% 10% 60% 15% 15% 10% 60% 15% 15% 10% 60% 15% 15% 10% 60% 15% 15% 10% 60% 15% 15% 10% 60% 15% 15% ~~~mti<~~>'lj'l~'~ ." ',- ~ ~}~:x: . ..~~\ ~~<<l<>>::<''''~}''';~/~''~{.":~~'';'';v;..-::,"' ElfeaJve.. 01 0c:IMw 1. 2002 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Pag..... KEY WEST INTERNATIONAL AIRPORT YEAR 2002 RATES & CHARGES CALCULATION SCHEDULE B: Ca Amortized 8%- enter Allocation _ Total Le.. Cost Net General Other Cost Grants Of Grants Ex ensed Yrs. Amount Tennlna' AJrneld Aviation Leased Capita. Projects: Runway Strengthening $0 $0 $0 $0 5 $0 $0 $0 $0 $0 ARFF Truclc 0 0 0 0 5 0 0- 0 0 0 Access Road 0 0 0 0 5 0 0 0 0 0 Part 150 Noise 0 0 0 0 5 0 0 0 0 0 Apron Expansion 0 0 0 0 5 0 0 0 0 0 Building Renovation. 0 0 0 0 5 0 0 0 0 0 Total $0 $0 $0 $0 $0 $0 $0 $0 $0 Capital Purchases: Expensed: Fire Equipment $0 $0 $0 $0 3 $0 $0 $0 $0 $0 Amortized: Airport VehIcle 0 0 0 0 5 0 0 0 0 0 Fire Equipment 0 0 0 0 5 0 0 0 0 0 Total $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Projects & Purchases being -Expensed- FY 02 $0 $0 $0 $0 $0 $0 Total Projects & Purchases to be Amortized beginning in FY 02 $0 $0 $0 $0 $0 N_an & ,,--...he. UecIlwo _ of 0cI-. t, 2CIOZ Page & KEY WEST INTERNATIONAL AIRPORT YEAR 2002 RATES & CHARGES CALCULATION SCHEDULE C: Calculation of Landing Fee AIRFIELD M&O EXPENSE: Personal Services Contractual Services Supplies & Materials General $432,381 66,702 5,951 54,982 $560,016 $0 0 $0 $560,016 0% 0 56,000 $504,016 Total Airfield M&O Expense AIRFIELD CAPITAl EXPENSE: Airfield Amortization Airfield Capital Expense Total Airfield Capital Expense TOTAL AIRFIELD REQUIREMENT: Add: Admin and Support Space Charge Less: General Aviation Revenue Net Airfield Requirement LANDING FEE CALCULATION: Estimated Airline Landed Weight (000 Lb Units) 299,087 $1.6852 Airline Landing Fee Rate (Net AIrfield Requirement I Airline unded WeIght)) Newton & Auoc:iatu,lnc. Effec:tlve .. of October 1, 2002 Page 6 KEY WEST INTERNATIONAL AIRPORT YEAR 2002 RATES & CHARGES CALCULATION SCHEDULE D: calculation of Tenninal Rental Rat.. SUMMARY TERMINAL SPACE: " Rentable Airline Space Concession and other Rentable Space Public Space Adminlatratlve & Support Space Total Terminal S ce SOOA. 2S% 17% 9% 100% 12,883 6,444 4,326 o 23 633 12,883 6,444 4,328 2.250 25 883 TERMINAL M&O EXPENSE: Personal Services Contractual S.w:es Supplies & MateriaIa GeneIaI Amount Total Terminal M&O Expense Add: Admin and Support Space Charge Less: Direct BUled 107.14 Charges (Schedule 0-1) 0% S280,896 608,_ 35,705 f 54,982 $979,849 o (212.096) $767,753 Net M&O Requirement TERMINAL CAPITAL EXPENSE: Debt Service (Bonds/Notes) Amortization Depreciation $0 o o Total Tenninal Capital Requirement $0 TERMINAL REQUIREMENT: $767,753 TERMINAL RENT CALCULATION: Tenninal Requirement $767,753 Total Tennina' Space (Sq. Ft.) 25,883 Terminal Rental Rate Per Square Foot (T- A...-r_ r..........,..' $29.66 AlRUNE SPACE RENTAL AIrline Space (Sq; A.) Airline Requirement (Average Terminal Rental Rate times Airline SF) 12,863 $381,551 AIRLINE RATE STRUCTURE Rental Rate - Passenger T ermina' Building Rental Rete - Cape AI~ulldlng $30.61 $24.28 Note: In caIculaIing the Cape Air Building rental l1Ile, the Equivalent Claaa I rental required for the Cape Air Building wal reduced by 15% to reftect the dilfem1ce In the condition between the passenger terminal building and the Cape Air Building. CONCESSIONlOTHER RENTABLE SPACE RENTAL ConcesaionIOther Rentable Space (Sq. Ft.) Concession Requirement (Average Tenninal Rental Rate times Concession SF) 6,444 $191,132 --,,~ ~-"'~1.2DIZ Page 7 KEY WEST INTERNATIONAL AIRPORT YEAR 2002 RATES & CHARGES CALCULATION SCHEDULE 0-1: Calculation of Terminal CharQes: Calculation of Airline Terminal Class Rentals: Equivalent Equivalent I Terminal Relative Class I Cape AJr Relative Class I AJrllne Category of Space Space Value Space Bldg. Value Space Space Ticket Counter 2,276 100% 2,276 308 100% 308 2,584 Office Space 1,902 80% 1,522 357 80'% 286 2,259 Second Floor Office 132 70% 92 0 70% 0 132 Storage 121 50% 61 0 50% 0 121 Covered Space 3,093 50% 1,547 0 50% 0 3,093 Hold Room 1,890 100% 1,890 660 100% 660 2,550 Baggage Claim 1,524 100% 1,524 600 100% 600 2,124 Total 10,938 8,911 1,925 1,854 12,863 Average Rental Rate per Square Foot Per Annum $29.66 Calculation of Class I Rate: Equivalent Class I Rental Required $334,816 $46,735 - $381 ,551 Equivalent Class I Space 8,911 1,854 . Required Class I Rate (Per Sq. Ft.) $37.57 $25.21 Rate Structure: Average Rental Rate $30.61 $24.28 $29.66 Ticket Counter $37.57 100% 85,517 $25.21 100% 7,766 Office Space $30.06 80% 57,172 $20.17 80% 7,201 Second Floor Office $26.30 70% 3,472 $17.65 70% 0 Storage $18.79 50% 2,273 $12.61 50% 0 Covered Space $18.79 50% 58,107 $12.61 50% 0 Hold Room $37.57 100% 71,014 $25.21 100% 16,641 Baggage Claim $37.57 100% 57,262 $25.21 100% 15,128 334,816 46,735 381 ,551 .. In calculating the Cape Air Building renta' rate, the Equivalent Clal8 I rental required tor the Cape Air Building was reduced by 15% to reflect the difference in the condition between the passenger terminal building and the Cape Air Building. N-. &~Inc. ElllICIive as at Oc:IIDber 1. 2002 Page 7a KEY WEST INTERNATIONAL AIRPORT YEAR 2002 RATES & CHARGES CALCULATION NIwIDn & "Tn lit '.Inc. ar.caVI U of 0clDbtr t. 2lICI2 Page7b KEY WEST INTERNATIONAL AIRPORT YEAR 2002 RATES & CHARGES CALCULATION OPERAnNG STAnSTlCS Pas.eng.... /1 2001 2000 1999 1998 1997 1996 1995 tOTAL PASSENGERS: American Eagle 36% 196,810 201,818 194,169 Cape Air 7% 45,389 39,532 36,256 Camair 14% 31,814 73,328 75,867 GuJfstream 22% 123,575 115,428 117,737 US Ailways 27% 141,546 130,100 142,594 Vintage 0% 69 554 0 , Enplanementa 273,330 285.372 276,829 278,025 282,193 248,441 250,297 Deplanementa 263,252 275,386 264,545 267,741 271,815 242,597 245,404 Total 536,582 560,758 541.374 545,766 554,008 491,038 495,701 Monthly Average Enplanementa 22.n8 23,781 23,069 23.169 23,516 20,703 20,858 Monthly Average Deplanements 21,938 22.949 22.045 22.312 22.651 20.216 20 450 Annual Growth Rate -4.3% 3.6% -0.8% -1.5% 12.8% -0.9% 13.9% Compound Annual Rate of Increase 1993-2001 CALCULATION OF ESTIMATED lANDING WEIGHTS: /2 Airline /2 Aircraft Type Beech 1900 landing Weight Annual Operations Tota. landing Weight Air Midwest 16,099 2,274 !lr{_~ American Eag'e SAAB 340B ATR ATR 72 26,500 36,162 43,874 o 1,699 539 o 61,425 23,633 Comalr BRB 24.802 1,197 29,688 Gulf Sham Beech 1900 DH - Dash 7 16,099 42.000 5,453 iiMM.i. 1 42 USAlr Expre.. DH - Dash 8 ~iWjtJB~ 1,767 i!tiE.lDf.fj Estimated laindlng Weights for Year 2002 (000) 12,929 299,087 It SolRe. arw.r Fe. ..., A/rpart "-cIa Q SolRe. __........, NAlI!s11n-. ........&.&- I.~ ~.. 01 0at0IIet 1, 2002 Page. EXHIBIT B KEY WEST INTERNATIONAL AIRPORT AIRPORT/AIRLINE AFFAIRS COMMITTEE Minutes of Rates and Charges Meeting April 24, 2002 Minutes of the Rates and Charges meeting held at Key West International Airport ("Airport") on Wednesday, April 24, 2002 between Monroe County ("County") and the airlines serving the Airport ("Airlines"). 1. The meeting convened in the Airport conference room at 1 :00 p.m. 2. The names of the persons attending the meeting appear on the attached sign in sheet. 3. In Peter Horton's absence, Bob Walter of Newton & Associates, Inc. ("NAI"), the Airport's Consultant, opened the meeting by welcoming the Airline representatives. Leslie Reiken, of Benchmark Properties, Inc., representing Comair acted as the spokesperson for the Airlines. 4. The purpose of the meeting was to discuss new rates and charges to replace those which expired at the end of December 2001. Bob Walter stated that his update, prepared by NAI, was calculated using substantially the same methodology as had been used in the report on which the current rates are based. Adjustments were made to reflect the Airport's fiscal year 2002 Maintenance and Operating Expense budget. Following historical practice, no capital costs were included in this update. 5. The Airlines generally agreed with the methodology and resulting terminal rents and landing fees subject to the satisfactory resolution of the following matters (the policy issues were discussed in detail once Peter Horton joined the meeting): Technical Issues: A. Landing Weights. The Airlines questioned the accuracy of County Airline landing weight projections. The weights were projected using fiscal year 2001 invoices. A corrected schedule was distributed which included Air Midwest operations which inadvertently were not shown in the schedules provided to the Airlines but were included in the calculations. It was requested that the Airlines provide NAI with any corrections resulting from their own projections, by Friday, May 3, 2002. B. DifTer.ential Rental Rates. Leslie Reiken stated that the Rate Summary Schedule does not show differential rental rates for the various classes of space. The County indicated that it MAC Minutes Key West Iiitemational Airport April 24, 2002 Meeting Page 2 used differential rates in the past and would do so again if the Airlines preferred. The Airline r~presentatives agreed to support a rate break similar to that used previously: Ticket Counter, 1000.10; Office Space, 80%; Second Floor Space, 70%; and Storage and Covered Area, 50% (see Schedule 8a). The Summary Rate schedule will be amended to reflect the differential rates. C. Discounted Cape Air Rental Rate. Another issue raised was the calculation of the discount that existed between space in the terminal building and space in the Cape Air Building. The discount was calculated by reducing the Equivalent Class I Rate applicable to Cape Air by 15% with this amount being added to the Equivalent Class I Rate for the tenninal. Because Cape Air does not have the same mix of space as the tenninal Airlines, the difference between the corresponding Average Rental Rates appears to be 82%, but the dollars generated from the Cape Air building are 85% of the Equivalent Class I Rate. This is the same methodology used in the report on which the existing rates are based. D. Space Measurements. The current Airline measurements are from drawings. Comair believes that it does not have the amount of ticket counter space shown on its invoices and requested that its space be re-measured. The County agreed to undertake a re-measurement of ceratin areas. The results will be reflected in the final rates and charges update. E. Security Costs. The County stated that it has been assured by the FAA that it would be reimbursed for the mandated security costs incurred by the Airport from 9111/01 to 9/30/02, thus there is no need to impose a per passenger charge on the Airlines for these costs. This could change in fiscal year 2003 if Congress does not provide funds for the recovery of these costs. If a charge is necessary the Airlines will receive the benefit of any recovery. Because the new rates should become effective at the beginning of the County's fiscal year, NAI will discuss with the County whether a further update of the rates and charges calculations is required to reflect the County's fiscal year 2003 budget. Policy Issues: A. Effective Date. Peter Horton suggested, and it was agreed, that every effort would be made to put the new r,!tes into effect on October 1, 2002 concurrent with the beginning of the County's fiscal year. B. Airport Use Agreement. The Airlines requested the County give them an Airport Use Agreement which would set forth the space occupied and the principles for establishing future rates and charges. Because of bankruptcy concerns Peter Horton objected to a long-term agreement, but indicated that he might consider a short-term Memorandum of Understanding ("MOU"). Bob Walter and Leslie Reiken will work on developing satisfactory language.